Top drone startups find venture capital flying their way
With unmanned aerial vehicles (i.e., drones) here to stay, entrepreneurs are pouncing on the opportunity to safeguard people from having these flying machines drop in unexpectedly and venture capitalists are buying in.
SkySafe, a San Diego startup formed last year by a team from MIT, UC San Diego, the Air Force Research Lab and more, says its goal is “to build safe, secure airspaces as a new wild west of drone development and innovation emerges.” The company this week announced it has raised seed funding, said to total $3 million, in a round led by Andreessen Horowitz. SkySafe’s possible customers would include prisons, stadiums and airports looking to keep their airspace safe by, if need be, downing intrusive drones after spotting them.
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